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202 Spring Valley Rd, Pigeon Forge, TN 37863
$2,490,000
Property Type:
Multi-Family
Square Footage:
11,036
Lot Size (sq. ft.):
21,780
Status:
Active
Current Price:
$2,490,000
List Date:
11/05/2025
Last Modified:
11/05/2025
Overview
Description
Great investment opportunity—Pigeon Forge, right off the parkway—great location! 16-unit apartment complex consisting of three large two-story buildings, 12 one-bedroom units and 4 two-bedroom units. All units are occupied, and some recent upgrades and remodels have been made. Showings are appointment only—call to set one up! Please note–the buildings were not built the same year. They were 1979, 1983, and 1990
Listing Details MLS# 1320840
Location Tax Legal Info
- House #
- 202
- Street Name
- Spring Valley
- St Suffix
- Rd
- State/Province
- TN
- Zip Code
- 37863
- PIN #
- 095 048.01
Contract Info
- Auction Y/N
- No
- Listing Price
- 2490000
General Property Description
- SqFt – Total (Aprox)
- 11036
- Lot Dimensions
- 220.47×129.66 IRR
- Lot Size SqFt
- 21780
- Number of Units
- 16
- # Units Leased
- 16
- Year Built
- 1983
- Property Status
- N/A
- Driveway
- Yes
- Total Unfinished SqFt
- 0
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2025-11-04
Location, Tax & Legal Info
- Area
- Sevier County – 27
- City/County Code
- City Limits
- Total Tax
- 3946.51
Remarks & Misc
- Directions
- Coming from Gatlinburg, right before leaving the spur and entering Pigeon Forge look on your right for sign saying Spring Valley Rd. If you are coming from Pigeon Forge, you'll have to go into spur, take first bridge to other side then come on down to Spring Valley Rd on right before you enter Pigeon Forge
- Public Remarks
- Great investment opportunity—Pigeon Forge, right off the parkway—great location! 16-unit apartment complex consisting of three large two-story buildings, 12 one-bedroom units and 4 two-bedroom units. All units are occupied, and some recent upgrades and remodels have been made. Showings are appointment only—call to set one up! Please note–the buildings were not built the same year. They were 1979, 1983, and 1990
More Information
Income/Expenses
- Gross Annual Income
- 222000
Property Sub-Type
- Other
- Yes
Construction
- Block
- Yes
- Frame
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
- 2 Bedroom Unit
- Yes
Siding
- Other
- Yes
Sale Includes
- Building and Land
- Yes
Miscellaneous
- Balcony
- Yes
- Porch
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Carpet
- Yes
- Laminate
- Yes
- Luxury Vinyl Plank
- Yes
Garage/Parking
- Off-Street Parking
- Yes
Owner Expenses
- Common Area Maintenance
- Yes
- Exterior Maintenance
- Yes
- Lawn Maintenance
- Yes
- Roof Maintenance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Water
- Yes
Fuel
- Electric
- Yes
Heat
- Central
- Yes
Appliances
- Range
- Yes
- Refrigerator
- Yes
Other Rooms
- Other
- Yes
Roof
- Composition
- Yes
- Shingle
- Yes
Exterior Features
- Porch – Covered
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Other
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit
Sale Includes:
Building and Land
Floors:
Carpet; Laminate; Luxury Vinyl Plank
Owner Expenses:
Common Area Maintenance; Exterior Maintenance; Lawn Maintenance; Roof Maintenance; Sewer; Taxes; Water
Fuel:
Electric
Heat:
Central
Cooling:
Central Cooling
Appliances:
Range; Refrigerator
Construction:
Block; Frame
Roof:
Composition; Shingle
Siding:
Other
Exterior Features:
Porch – Covered
Other Rooms:
Other
Miscellaneous:
Balcony; Porch
New Financing:
Cash; Conventional
Showing:
See Agent Instructns
Listing Office:
Karen Whitlock Realty
IDX
Office Phone: 865-774-4848
Last Updated: November – 05 – 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.